Waitara is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2077). With a population of 7,837, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $110K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Indian, English.
The median house price in Waitara is $2.7 million, having grown strongly 7% over the past year. Units have a median price of $600,000 (-21.1% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,200.
Waitara is served by 1 school, including 1 primary. The average ICSEA score is 1153, which is well above the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Waitara offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +7.0% year-on-year.
Waitara is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2077). With a population of 7,837, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $110K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Indian, English.
The median house price in Waitara is $2.7 million, having grown strongly 7% over the past year. Units have a median price of $600,000 (-21.1% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,200.
Waitara is served by 1 school, including 1 primary. The average ICSEA score is 1153, which is well above the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Waitara offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +7.0% year-on-year.